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Updated over 8 years ago, 05/12/2016
New to Investing, but diving in head first
Hello Bigger Pockets World
My Name is Andrew, Im a native Maryland 'er, born and raised. For the past 10 years Ive worked with my father in his construction company. Last year he decided to sell his business and approached me to partner with him in real estate investing. Our Initial thought was to strictly flip houses (since we are very familiar with the contracting end) however, were quickly finding out that getting the houses with enough margin to flip is not as easy as we thought. (were quickly re thinking that strategy as we learn more about different ways to approach investing and im getting my real estate license in June) We spent January and February developing our business plan and operating agreement. We went full force in March. We have looked at close to a hundred properties, sent out 20+ contracts, out of that we have won 1 house. Settled April 25th on a split foyer in Randallstown MD.
In summery, we are experienced contractors and carpenters, we have the capital to invest in about 3-4 houses fully self funded, were very green and we are HUNGRY to learn.
Any advice, leads, contacts, networking events would be awesome.